Kimble now a subsidiary of Owens-Illinois

Kimble Glass

Now Part of

Subsidiary Firm

Owens-Illinois Glass company has announced that its subsidiary, American Structural Products company, has changed its name to Kimble Glass company and acquired the business and assets of the Kimble Glass division.

Net assets of the subsidiary now total more than $20,000,000.

The Kimble division produces glass tubing and rod, scientific laboratory glassware and container specialties at plants in Chicagb Heights, Vineland, N. J., Warsaw, Ind., and Toledo, Ohio.

American Structural Products company makes glass television and radar bulbs, glass insulators tor communication and power lines and glass block for the building industry at plants in Columbus, Ohio, and Muncie, Ind.

Carl R. Megowen, president of Owens-Illinois, said the move will increase the efficiency of operation in two elements of the business that have worked for years under the same management and in closely related markets.

"It will begin together our production facilities serving the television and electronic industries and facilitate the company's growth in those areas so important to America's defense and industrial development," said Mr. Megowen.

There will be no reduction of personnel in either of the two units which together have more than 5,000 employes.

Stanley J. McGiveran, vice president of Owens-Illinois, general manager of Kimble Glass division and president of American Structural Products company, is president of the subsidiary.

The name Kimble Glass has been well known in the glass industry from the time the original company was formed in Chicago in 1901. The company was acquired by Owens-Illinois in 1946.

American Structural Prpducts company was organized as a subsidiary of Owens-Illinois in 1947.